ID#043191 Approximate Beds/Units: TBD Location: Sachse
An associate firm is pleased to introduce a 14,000-square-foot, 16-bed, Assisted Living Property located in Sachse, Texas. The Property is a stand-alone senior care development. The property is surrounded by both single and multi-family residential developments. The Property was constructed in 2023 and will be in operation soon. The facility has a brand new 16-year personally guaranteed absolute net lease with built-in base rent escalations every 5 years, including 3, 5-year renewal options. There is a strong tenant profile as the Facility’s Alzheimer’s Care is growing its successful concept and currently undergoing expansion across Texas. The facility is surrounded by a dense housing market with strong median household incomes of $105,898 within 5 miles of the property and a population of nearly 136,100 residents within 5 miles of the property.